OK, the SPY, DIA and to a lesser extent, the IWM (except in some longer term timeframes like 15 min moving intraday) are all deteriorating worse than the last charts posted.
Es hasn't changed much, NQ looks ok still. The one average that still looks decent or at least is not deteriorating intraday like the other 3 is the QQQ and that's the one average I said yesterday, last night and today that it has a resistance area that is too obvious and this is the one average that really should break that resistance area.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
No comments:
Post a Comment